The business premises loan calculator provided by Hesapstan is designed to calculate the monthly installment and total repayment cost of a loan used to purchase or renovate a shop, office, or similar commercial property.
What is a business premises loan?
A business premises loan is a commercial financing product used by business owners to purchase or renovate a shop, office, store, or similar commercial real estate — structured similarly to a mortgage. Just as a mortgage is specific to individual home purchases, a business premises loan is specific to acquiring commercial property.
The monthly installment is calculated using the standard equal-installment (annuity) formula, based on the loan amount, monthly interest rate, and term you enter.
How is this different from a business working-capital loan?
Hesapstan's commercial working-capital loan calculator calculates financing for a business's day-to-day operating or general cash needs. This tool instead focuses specifically on purchasing or renovating a commercial property (business premises); while the calculation method is similar, the purpose and target audience differ.
What does this tool not calculate?
- It does not provide an actual bank offer; it only provides an estimate based on the assumptions you enter.
- It does not automatically add costs such as mortgage registration fees, appraisal fees, or title deed fees; you must add these to the upfront fee field yourself.
- It does not evaluate your loan approval likelihood or credit score.
Frequently Asked Questions
How is the business premises loan installment calculated?
It is calculated using the standard equal-installment (annuity) formula based on the loan amount, monthly interest rate, and term — the same method used for mortgages or auto loans.
Does this tool know current bank interest rates?
No. You enter the rate yourself; this tool does not contain a current or official bank rate.
Is a business premises loan the same as a working-capital loan?
No. A business premises loan is specifically for purchasing or renovating commercial property, while a working-capital loan is for a business's general cash or operating needs.
What should I put in the upfront fee field?
You can enter appraisal fees, mortgage registration fees, or other one-time costs requested by the bank to include them in the total cost.